Talk:Renting

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Leasing and rentals are not the same - from a finance perspective, leases have a specified life, usually exceeding 12 months, whereas rentals can be shorter and are often more flexible. This may seem to be a minute point, but it drives very different accounting treatment - FASB 13, for example, dicates that "rentals" do not need to be disclosed in the footnotes of the leasee's balance sheet whereas all leases do (except capital leases, which are actually are disclosed in the balance sheet itself). Also, the definition of a lease allows much greater flexibility than the term rental, as the industry allows a lease to resemble either a typical rental agreement in type (ie an operating lease) or look much more like a long term agreement to purchase the asset (ie a capital lease). These are not generally subtleties that are associated with rentals. —Preceding unsigned comment added by 12.189.85.130 (talk) 02:47, 25 January 2008 (UTC)

Contents 1 Leasing 2 Proposed merger with rental agreement 3 Computer hardware (and software) rental 4 Rentee 5 Proposed merger with Leasing

[edit] Leasing

This page should explain whether "renting" is also a synonym of "leasing", and it needs mention of leasing of business premises, not just for residential purposes (strangely called "housing tenure"), and it needs a "real" link to leasing, not just under "See also". --Espoo 13:35, 16 June 2006 (UTC)

Thanks to whoever improved this by explaining the relationship to lease, but the relationship to leasing or at least to the mostly incomprehensible legalese on that page is unclear. --Espoo 08:26, 26 August 2006 (UTC)

[edit] Proposed merger with rental agreement

I think they should remain seperate articles. Rental agreement is such a detailed article and usefull in its own right, I worry that it will be cut down and mangled to fit in with the lack of detail in the renting page. When I first came upon this article in wikipedia, I searched specifically for rental agreement, and I was happy to have such detail. I dont want this lost to merging. --Chrisdab 23:16, 22 July 2006 (UTC)

[edit] Computer hardware (and software) rental

The subject should be expanded on, as FUD on FOSS says that free/OSS software can't be rented, while MS software can be rented. -195.50.197.5 08:23, 24 August 2007 (UTC)

[edit] Rentee

I've seen a lot of pages online referring to the owner as a "renter", and to the person leasing as a "rentee". This to me makes certain sense since it's the same pattern as "employer" and "employee". I'm not so sure if rentee is a real word or not. Anyone know? —Preceding unsigned comment added by 71.248.32.99 (talk) 06:29, 25 December 2007 (UTC)

Rentee is not a real word. The correct word is lessor. —Preceding unsigned comment added by 206.169.197.221 (talk) 22:12, 14 February 2008 (UTC)

[edit] Proposed merger with Leasing

Another editor proposed this merger some time ago but there has been no discussion. I suggest that this is done, and then the current redirect Lease is redirected to Leasehold estate. There are also a number of merger proposals on that page that people might want to comment on. DWaterson (talk) 23:50, 26 February 2008 (UTC)

I definitely believe they should remain separate pages. The two practices have different accounting impacts on the customer, are utilized by the customer for different reasons and to fulfill different types of needs, and the industries consider themselves to be in different types of businesses, thus largely pursuing different customer bases except in narrow bands such as RPO. Speaking specifically to the United States, the national phone directories, which are the major resource a customer uses to locate a rental company, use different headings to direct customers to businesses that can provide they service they require. For a number of years the US Govt's practice of lumping rental and leasing companies together under one SIC code umbrella created confusion and made industry statistics difficult to come by, but the current NAICS system, which drills down much more effectively, does a decent job of separating the two types of businesses in the extended codes. Also, please reference the American Rental Association's Global Insight industry reports, which focus just on rental businesses. —Preceding unsigned comment added by Balboni (talk • contribs) 12:37, 30 March 2008 (UTC)

Oppose. Keep separate to reflect legal and cultural differences. -- John (Daytona2 · Talk · Contribs) 15:01, 7 April 2008 (UTC)